Rcm on legal services doubt

RCM 575 views 2 replies
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2 Points Joined July 2018

1.legal services by senior advocate to ind adv/pf of adv - taxable? RCM or fcm?

2.legal services by sr advocate to sr advocate - taxable?RCM OR FCM

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On 21 September 2024 at 12:53 Report
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Master in Accounts & high court Advocate
9596 Points Joined December 2011

3. 1. Legal services by senior advocate to individual/proprietor (Ind Adv/PF of Adv): - Taxable: Yes - RCM (Reverse Charge Mechanism) or FCM (Forward Charge Mechanism): - If the senior advocate is providing services to an individual/proprietor, it is considered a Business to Consumer (B2C) transaction. In this case, the senior advocate is liable to pay GST under the FCM. 2. Legal services by senior advocate to another senior advocate: - Taxable: Yes - RCM or FCM: - If the senior advocate is providing services to another senior advocate, it is considered a Business to Business (B2B) transaction. In this case, the recipient of the service (another senior advocate) is liable to pay GST under the RCM. Please note that GST rates and regulations are subject to change, and specific exemptions or provisions may apply. 

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On 21 September 2024 at 14:07
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M Com FCS LLB M-AIMA
14043 Points Joined June 2009

RCM applicable only when legal services are being provided to a business entity so in both cases FCM will be applicable but only when advocate providing services is registered under GST. 

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On 23 September 2024 at 17:30


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